Quote:
Originally Posted by Pedestrian
^^So you've done better than the Chicago average (still 9% below the 2006 peak per Case-Shiller).
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The problem with a Case Schiller is that it essentially is the real estate version of the Dow Jones Industrial average. You can still make a ton of money on stocks even if the Dow is stagnant.
Chicago’s composite is brought down by the poor performance on the south and west sides, many of which are still under water with their mortgages.
In the central area and the north side, properties have already surpassed their prior peak
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